William Kurtz - 22 Apr 2024 Form 4 Insider Report for VERINT SYSTEMS INC (VRNT)

Role
Director
Signature
/s/ Peter D. Fante, as Attorney in Fact for William H. Kurtz
Issuer symbol
VRNT
Transactions as of
22 Apr 2024
Net transactions value
$0
Form type
4
Filing time
14 Apr 2025, 16:52:56 UTC
Previous filing
19 Dec 2023
Next filing
10 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNT Common Stock Options Exercise $0 +6,859 +51% $0.000000 20,193 10 Apr 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VRNT Restricted Stock Units Award +6,859 6,859 22 Apr 2024 Common Stock 6,859 Direct F1, F3
transaction VRNT Restricted Stock Units Options Exercise -6,859 -100% 0 10 Apr 2025 Common Stock 6,859 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 22, 2024, the reporting person was granted 6,859 restricted stock units ("RSUs") subject to time vesting. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. All 6,859 RSUs vested on April 10, 2025.
F2 The reporting person's number of shares of common stock owned was previously overstated by 6,859 shares due to a number of RSUs that should have been reported in Table II instead of Table I on the reporting person's Form 4 filed on April 24, 2024.
F3 These RSUs were incorrectly disclosed in Table I on the reporting person's Form 4 filed on April 24, 2024.